Tag: Media

Oct 27

2024

Billionaire wants to buy parent company of Buffalo News

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A Florida billionaire is making noises about buying Lee Enterprises, and with it, The Buffalo News. The New York Times reported last week that David Hoffmann, worth $1.6 billion, has bought 5.2 percent of Lee’s stock and wants to obtain majority interest. Hoffman told The Times that while he recognizes the newspaper industry’s trend to digital, he believes print still has a future. And he believes in local news. As The Times wrote: “He wants to preserve community news — including more local sports coverage.”  The Times provided this background on the 72-year-old investor: Mr. Hoffmann is a relative newcomer to the[...]

Posted 6 months ago

Oct 13

2024

WNY pols carrying Trump’s water

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Erie County Sheriff John Garcia is regurgitating Donald Trump’s talking points on immigrants, essentially saying too many of them are lawless. Credit to Sandy Tan of The Buffalo News, who reported: “An overwhelming body of research indicates that immigrants, including immigrants who enter the country illegally, commit violent crimes at a much lower rate than the rest of the American population.” Perhaps the sheriff should focus his efforts on keeping prisoners in his jails alive. As we reported last month, the rate of deaths is higher under Garcia than his predecessor, Tim Howard, whose management of the jails was roundly[...]

Posted 7 months ago

Oct 8

2024

More upheaval at The Buffalo News

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This has been a tough week for The Buffalo News with word that Editor Sheila Rayam has been ousted and former Publisher Warren Colville has died. Margaret Kenny Giancola, the paper’s managing editor, succeeds Rayam. The News story announcing her appointment by Lee Enterprises, the paper’s chain owner, didn’t explain the move. I’m told Lee hasn’t explained its decision to the newsroom staff, either.  Rayam’s departure comes in the wake of Lee’s decision to eliminate 10 of the newsroom’s approximately 55 positions. That suggests her departure is in part a cost-cutting move.  Insiders tell me Rayam, the paper’s first Black[...]

Posted 7 months ago

Oct 6

2024

They’re not knocking down their Frank Lloyd Wright

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We knocked down our Frank Lloyd Wright office building nearly three-quarters of a century ago. Oklahoma still has one, although it’s not doing well, lacking an anchor tenant and up for sale after several failed revitalization efforts.  An architect, writing in 1949, has this to say about the demolition of our Wright masterpiece:  The Larkin Building set a precedent for many an office building we admire today and should be regarded not as an outmoded utilitarian structure but as a monument, if not to Mr. Wright’s creative imagination, to the inventiveness of American design. The destruction of all but one pillar[...]

Posted 7 months ago

Sep 30

2024

Apparently, crazy politics sells

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The crazier Donald Trump gets, the more Americans lean toward the GOP. The Daily Beast just reported that an analysis of Gallop poll results found 48 percent lean Republican, vs. 45 Democratic. For perspective, back in 1992, Dems held a 52 to 40 percent edge, narrowed to 48-43 percent in 2000.  Meanwhile, the Pew Research Center reported in April a dead heat among registered voters, with 49 percent leaning Democratic compared with 48 percent Republican. Pew’s benchmark year of 1994 found Republicans held a 51-47 percent edge. Pew last week reported polling results that included 88 percent of Republicans favoring[...]

Posted 7 months ago

Sep 27

2024

More newsroom cuts at The Buffalo News

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Lee Enterprises is taking another bite out of the newsroom of The Buffalo News.  A big bite. Sources tell me Lee has mandated that 10 jobs be cut from a newsroom that has an estimated 55 positions. Five of the cuts will come via either buyouts or layoffs. In addition, five vacant positions will be eliminated altogether. We’re talking downsizing approaching 20 percent, in one fell swoop. And it’s not just a loss of bodies, which translates into less coverage of our communities, but the loss of institutional knowledge when veterans walk out the door. Keep in mind that peak[...]

Posted 7 months ago

Sep 15

2024

Arena/stadium planning done right

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They’re thinking big in Carolina. The hockey Hurricanes just unveiled an ambitious $1 billion plan to develop 80 acres into a mixed use campus. That’s on top of a $300 million renovation to its PNC Arena, which sits adjacent to the North Carolina State’s football stadium. It’s funny what you can do when you put sports facilities next to each other – located in the city proper, no less.  Buffalo News hockey writer Mike Harrington noted the lack of progress around KeyBank Center, aside from LECOM Harborcenter and a couple of hotels. Alumni Plaza has been untouched for more than[...]

Posted 8 months ago

Sep 2

2024

NFL move could help – or hurt – the Bills

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The National Football League last week voted to lift its ban on private equity firms owning a piece of franchises. That’s good news for Terry Pegula, who is looking to unload a minority share of the Bills, presumably to help cover stadium cost overruns.  The Buffalo News published a good analysis of the NFL vote last week. The league’s move is partly in response to the escalating price of franchises and the dwindling pool of people able to afford buying a team. Looking down the road, the lifting of the ban could further come into play if Pegula decides to[...]

Posted 8 months ago
Investigative Post